Gas & Power Shift Trader

OverviewAn opportunity has arisen for us to recruit a Gas & Power Shift Trader to join an expanding 24/7 Gas & Power Trading team. As part of the Commercial Trading team, you will be responsible for the management and optimisation of 4.7 GW of UK generation capacity owned by the business. You will be responsible for executing trading strategies, utilising your expertise in the UK wholesale energy markets and the balancing mechanism, optimising thermal generation plant to maximise gross margin, and offer support to the wider business functions when required. The role will be based at the London Office, where Trading, Risk, Policy, Investment and Corporate Finance functions are hosted.

Key Responsibilities and Duties will include:-Reporting to the Shift Trading Manager, the key responsibilities and duties will include:-

Trading within day gas and power markets, working as part of a 24/7 operations team on a full shift rotation basisDevising, developing and implementing short term trading strategies, using short-term and Balancing Mechanism markets to optimise generation and maximise overall plant revenueDispatching our portfolio to capture gross margin from optimal generation/trading decisions, operating within credit guidelines and risk limitsManaging the business's contracted positions to avoid exposure to volatile and punitive imbalance chargesCoordinating and planning short term outages to minimise commercial impact, and manage the process of units returning to serviceEnsuring all power market license conditions are upheld through good communications with the relevant network operator(s) and implementation of network codesAdhering to the business's Trading Guidelines and Delegation of Authority processesAssisting with requests from stakeholders across the group when required, helping to promote the team and support the successful growth of the business

Ideal CandidateGood knowledge of the energy industry, including gas and power operationsExperience of the UK Spot and OTC markets would be highly desirableAbility to quickly translate complex analysis and accurate interpretation of market and system data thus ensuring optimal trading and asset profiling decisions are takenExcellent computer skills, SQL, VBAUnderstanding of Grid Code

BehavioursHigh level of analytical skills and attention to detailAbility to work effectively as part of a team and aloneAbility to cope with pressurised situations and adhering to deadlinesEffective communication and time management skills

QualificationsThe post holder should be qualified to degree level or equivalent

RemunerationThe successful candidate will be appointed on a personal contract which reflects the responsibilities of the role as well as the abilities of the individual.